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I'll have to do some research but I know that it happens. It's generally kept quiet. Things have changed in the last twenty years. National fraternities drop their memberships in the National (North American) Inter-fraternity Conference and then re-join (mine did; I know of three others that did as well). It's not common but once in awhile, fraternity chapters switch allegiances.
It's not the same thing, but several years ago the SAEs got kicked off at Duke. The alumni were pissed off and they took the undergrads and became a chapter of Alpha Delt. Now the SAEs are back on campus and the Alpha Delts exist off campus.
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